We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
CrowdStrike Holdings (CRWD) Laps the Stock Market: Here's Why
Read MoreHide Full Article
In the latest close session, CrowdStrike Holdings (CRWD - Free Report) was up +1.65% at $261.83. The stock's change was more than the S&P 500's daily gain of 0.7%. At the same time, the Dow added 0.28%, and the tech-heavy Nasdaq gained 0.83%.
Coming into today, shares of the cloud-based security company had gained 2.16% in the past month. In that same time, the Computer and Technology sector lost 7.7%, while the S&P 500 lost 1.21%.
The upcoming earnings release of CrowdStrike Holdings will be of great interest to investors. The company's upcoming EPS is projected at $0.31, signifying a 29.17% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.53 billion, up 23.79% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.26 per share and a revenue of $6 billion, demonstrating changes of +35.48% and +24.78%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for CrowdStrike Holdings. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, CrowdStrike Holdings boasts a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that CrowdStrike Holdings has a Forward P/E ratio of 204.8 right now. For comparison, its industry has an average Forward P/E of 51.27, which means CrowdStrike Holdings is trading at a premium to the group.
Meanwhile, CRWD's PEG ratio is currently 7.66. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. CRWD's industry had an average PEG ratio of 3.23 as of yesterday's close.
The Security industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 82, putting it in the top 34% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
Image: Bigstock
CrowdStrike Holdings (CRWD) Laps the Stock Market: Here's Why
In the latest close session, CrowdStrike Holdings (CRWD - Free Report) was up +1.65% at $261.83. The stock's change was more than the S&P 500's daily gain of 0.7%. At the same time, the Dow added 0.28%, and the tech-heavy Nasdaq gained 0.83%.
Coming into today, shares of the cloud-based security company had gained 2.16% in the past month. In that same time, the Computer and Technology sector lost 7.7%, while the S&P 500 lost 1.21%.
The upcoming earnings release of CrowdStrike Holdings will be of great interest to investors. The company's upcoming EPS is projected at $0.31, signifying a 29.17% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.53 billion, up 23.79% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.26 per share and a revenue of $6 billion, demonstrating changes of +35.48% and +24.78%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for CrowdStrike Holdings. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, CrowdStrike Holdings boasts a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that CrowdStrike Holdings has a Forward P/E ratio of 204.8 right now. For comparison, its industry has an average Forward P/E of 51.27, which means CrowdStrike Holdings is trading at a premium to the group.
Meanwhile, CRWD's PEG ratio is currently 7.66. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. CRWD's industry had an average PEG ratio of 3.23 as of yesterday's close.
The Security industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 82, putting it in the top 34% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.